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24/08/2004 - 22:00

Oceana trims hedge

24/08/2004 - 22:00

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OCEANA Gold, the mining spinoff from WA engineering firm GRD, has bought back 100 per cent of its gold hedging contracts. The company’s hedge book was about 900,000 ounces and closing it will give the company a surplus of about $25 million.

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